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Vonex Limited ( (AU:VN8) ) has issued an announcement.
Vonex Limited reported its quarterly cash flow, highlighting a net cash inflow of $779,000 from operating activities and a slight decrease in cash from investing activities, primarily due to minimal capital expenditure. Despite a net cash outflow from financing activities, Vonex maintains a stable cash position, starting the period with $3.109 million and ending with a slight increase due to operational cash inflows. The financial results indicate stability with a focus on managing operational costs effectively.
More about Vonex Limited
Vonex Limited operates in the telecommunications industry, focusing on providing telecommunication services and products. The company develops and offers a suite of services that cater to both residential and business clients.
YTD Price Performance: 10.0%
Average Trading Volume: 2,138,049
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$16.56M
Learn more about VN8 stock on TipRanks’ Stock Analysis page.
